REG - easyJet PLC - Result of AGM <Origin Href="QuoteRef">EZJ.L</Origin>

easyJetAnnouncement

08/02/2018 12:50

RNS Number : 3398E
easyJet PLC
08 February 2018
easyJet plc 
Results of Annual General Meeting 8 February 2018
easyJet plc is pleased to announce the voting results of its Annual General Meeting ('AGM') held earlier today at Hangar 89, London Luton Airport, Luton, LU2 9PF. 
All resolutions, as set out in the Notice of Meeting, were passed with the requisite majority by means of a poll. Resolutions 1 to 16 were each passed as an Ordinary Resolution (requiring a simple majority for them to be passed) and resolutions 17 to 20 were each passed as a Special Resolution (requiring at least a 75% majority for them to be passed). The results of the poll, incorporating proxy votes lodged in advance of the meeting, are set out below: 
Resolution
Votes For
Votes Against
Total Votes
% of Issued Share Capital voted
Votes Withheld*
1. To receive the Annual report and accounts for the year ended 30 September 2017
302,347,812
58,685
302,406,497
76.13%
124,392
2. To approve the Directors' Remuneration Policy report set out in the Annual report and accounts
299,660,093
2,831,491
302,491,584
76.15%
40,212
3. To approve the Annual Statement by the Chairman of the Remuneration Committee and the Annual Report on Remuneration
301,234,869
1,257,785
302,492,654
76.15%
36,636
4. To declare an ordinary dividend 
302,503,105
15,598
302,518,703
76.16%
16,731
5. To re-elect John Barton as a Director
299,751,831
2,743,905
302,495,736
76.16%
35,152
6. To elect Johan Lundgren as a Director
302,107,584
389,049
302,496,633
76.16%
34,256
7. To re-elect Andrew Findlay as a Director
301,937,959
551,642
302,489,601
76.15%
39,064
8. To re-elect Charles Gurassa as a Director
301,659,327
821,999
302,481,326
76.15%
48,573
9. To re-elect Adle Anderson as a Director
302,046,086
438,390
302,484,476
76.15%
45,365
10. To reelect Dr. Andreas Bierwirth as a Director
302,086,231
393,997
302,480,228
76.15%
49,047
11. To elect Moya Greene as a Director
301,903,065
575,381
302,478,446
76.15%
49,492
12. To re-elect Andy Martin as a Director
301,630,837
846,837
302,477,674
76.15%
52,225
13. To re-appoint PricewaterhouseCoopers LLP as auditors of the Company
300,146,164
2,345,665
302,491,829
76.15%
39,638
14. To authorise the Directors to determine the auditors' remuneration
302,369,300
124,056
302,493,356
76.15%
35,615
15. To authorise the Company and its subsidiaries to make political donations and incur political expenditure
302,052,549
446,094
302,498,643
76.16%
37,580
16. To authorise the Directors to allot shares
302,168,774
318,075
302,486,849
76.15%
45,378
17. To disapply statutory pre-emption rights*
302,160,051
289,860
302,449,911
76.14%
74,188
18. To authorise the Company to purchase its own shares*
300,722,840
1,700,605
302,423,445
76.14%
109,053
19. To adopt new Articles of Association*
302,356,621
122,830
302,479,451
76.15%
45,267
20. To authorise the Company to call general meetings, other than annual general meetings, on not less than 14 clear days' notice*
292,654,900
9,842,270
302,497,170
76.16%
32,156
*A vote withheld is not a vote in law and is not counted towards votes cast "For" or "Against" a resolution.
** Special Resolutions requiring a 75% majority

Votes excluding controlling shareholders on the resolutions concerning the election or re-election of the independent Non-executive Directors
Resolution
Votes For
Votes Against
Total Votes
% of Issued Share Capital voted
Votes Withheld*
8. To re-elect Charles Gurassa as a Director
170,137,828
821,999
170,959,827
64.35%
48,573
9. To re-elect Adle Anderson as a Director
170,524,587
438,390
170,962,977
64.35%
45,365
10. To reelect Dr. Andreas Bierwirth as a Director
170,564,732
393,997
170,958,729
64.35%
49,047
11. To elect Moya Greene as a Director
170,381,566
575,381
170,956,947
64.35%
49,492
12. To re-elect Andy Martin as a Director
170,109,338
846,837
170,956,175
64.35%
52,225
In accordance with Listing Rule 9.2.2E, Resolutions 8-12 inclusive were approved by: (a) the shareholders of the Company; and (b) the independent shareholders of the Company.
The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 397,208,133. 
Speaking at the Company's Annual General Meeting in Luton today, John Barton, Chairman of easyJet plc, said:
"As you all know Brexit is one of the biggest issues facing the European airline industry.
"I would like to thank our shareholders for supporting the changes to our Articles of Association which will enable the Board to ensure that easyJet remains EU owned and controlled at all times after the UK has left the EU thus allowing easyJet to continue to fly between and within EU countries post Brexit.
"We have no immediate intention of using these powers but they are an important element in ensuring that easyJet plc has the ability to maintain EU ownership and control at all times should we need to do so. As our shareholders know, we begin from a position of strength with close to 50% of our shares already held in the hands of EEA (non-UK) nationals and Andrew Findlay and his team have already begun a more active investor relations programme across Europe with the intention of increasing EEA (non-UK) ownership above 50% prior to the UK's exit from the EU. 
"In addition, as part of establishing easyJet's post Brexit structure we are putting in place a stand-alone UK AOC, easyJet UK, which will operate our UK based aircraft. We are making good progress and expect the UK CAA to grant the AOC in the coming weeks. As part of this process the Department for Transport has this week informed the CAA that easyJet UK can be granted this AOC as a British airline. This status will be maintained after the UK leaves the EU and easyJet plc is majority EU owned.
"Finally, to ensure that we can use this new structure to continue to operate all of our flights after Brexit easyJet is working with the UK government, EU institutions and EU Member States to ensure that flying rights between the UK and the EU are maintained. Given that consumers, airlines and politicians across the UK and Europe all want flights between the UK and EU to continue after Brexit we are confident there will be an agreement."
The results will also be made available on the Company's website: http://corporate.easyjet.com/
In accordance with LR 9.6.2, copies of the resolutions passed as special business have been forwarded to the FCA for publication through the Document Viewing Facility and will be accessible via the National Storage Mechanism website (http://www.morningstar.co.uk/uk/NSM).
The timetable in relation to the ordinary dividend is as follows:
Shares marked ex-entitlement to the dividends
Thursday, 1 March 2018
Record date for entitlement to the dividends
5.00 p.m. on Friday, 2 March 2018
Payment of dividends
Friday, 23 March 2018
End
8 February 2018
For further details please contact easyJet plc:
Institutional investors and sell side analysts:
Stuart Morgan
Michael Barker
+44 (0) 7989 665 484
+44 (0) 7985 890 939


Media:
Paul Moore
Anna Knowles
+44 (0) 7860 794 444
+44 (0) 7985 873 313

This information is provided by RNS
The company news service from the London Stock Exchange
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